Cullen Capital Management Pours Millions into Coca-Cola Consolidated

Cullen Capital Management LLC made a new investment in Coca-Cola Consolidated Inc (NASDAQ:COKE) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 8,879 shares of the company's stock, valued at approximately $722,000.

This is not an isolated incident, as other hedge funds have also made changes to their positions in Coca-Cola Consolidated. Quarry LP bought a new stake in the company during the third quarter worth approximately $25,000. Advisory Services Network LLC purchased a new position in Coca-Cola Consolidated during the same period valued at approximately $25,000.

Newbridge Financial Services Group Inc and Geneos Wealth Management Inc increased their stakes in shares of Coca-Cola Consolidated by 900% each in the second quarter. Newbridge now owns 230 shares worth $26,000 after purchasing an additional 207 shares during the period. Geneos now owns 250 shares worth $28,000 after buying an extra 225 shares.